Charming historic home with incredible upside potential located in the heart of Lancaster, just minutes from downtown amenities, restaurants, and local attractions.This spacious 5-bedroom, 2.5-bath property offers a rare combination of character, size, and value-add opportunity. Built in 1900, the home retains its timeless appeal with features such as original hardwood flooring, decorative fireplaces, pocket doors, and classic architectural details that highlight its historic charm.The layout includes a generous living and dining area, an eat-in kitchen, and multiple functional spaces--ideal for both homeowners and investors. While the property has been well maintained structurally, it does require cosmetic updates (TLC), presenting an excellent opportunity for:Investors seeking a value-add flip or BRRRR strategyBuyers looking to customize a historic homeRental investors targeting strong demand near downtown LancasterLocated in an established neighborhood with a strong sense of community, this property benefits from walkability to downtown events, schools, and daily conveniences, making it highly attractive for both resale and rental positioning.With comparable renovated homes in the area showing strong values, this property presents a compelling opportunity to unlock equity through light-to-moderate cosmetic improvements.
Listed By
Agency Name: EXP Realty, LLC
Agency Phone: 866-212-4991
Agent Name: Gangadhara Gumma
Shown By
Agent Name: John Adams
Agent Phone: (419) 779-4933
Agency Title: Key Realty
Estimated Payment
$ 1,797.53 per month $1,515.32 Principal & Interest $215.42 Property Tax $66.79 Homeowner's Insurance
246 N Pearl Avenue | MLS# 226012738
This single family home located at 246 N Pearl Avenue , Lancaster, OH 43130 is currently listed for sale with an asking price of $229,000. This property was built in 1900 and has 5 bedrooms and 2 full and 1 partial baths with 2204 sq. ft. N Pearl Avenue is located within the LANCASTER CITY school district. Search Lancaster real estate on johnadams.ikeyrealty.com today.